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Exercise 18-11 Income reporting and break-even analysis LO P2 Blanchard Company manufactures a single product that sells for $310 per unit and whose total variable

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Exercise 18-11 Income reporting and break-even analysis LO P2 Blanchard Company manufactures a single product that sells for $310 per unit and whose total variable costs are $248 per unit. The company's annual fixed costs are $992,000. (1) Prepare a contribution margin income statement for Blanchard Company at the break-even point. BLANCHARD COMPANY Contribution Margin Income Statement (at Break-Even) Percentage of sales Amount (2) Assume the company's fixed costs increase by $145,000. What amount of sales (in dollars) is needed to break even? Break-Even Point in Dollars Choose Numerator: Break-Even Point in Dollars Choose Denominator: Break-even point in dollars

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